The AI ​​Industry Convergence Agency (AICA, Director Kim Jun-ha) announced on the ninth that it would select 10 firms to support the commercialization of AI services this yr and supply a complete of 1.5 billion won by December.

The businesses chosen this time will sign an agreement by supplementing the performance plan inside this month. Depending on the evaluation results of every company, 100 million to 250 million won might be paid differentially. The subsidy will support 60% of the primary project cost in July and 40% of the second project cost after an interim evaluation between August and September.

The AI ​​product/service commercialization support project, which is in its fourth yr this yr, is an element of the Gwangju AI cluster development project. It’s a project to advertise sustainable growth through smooth market entry of early start-up firms by supporting the advance or commercialization of AI services which have already been produced.

Goal firms must register on domestic and foreign platforms or launch sales or products inside the business period.

Reporter Hojeong Na hojeong9983@aitimes.com